# Palladium Mining News in Brazil

Canonical page: https://atlas-staging.minestarters.com/news?commodities=palladium&regions=brazil

Atlas summarizes and classifies mining-industry stories from third-party publishers. Follow each source link for the original reporting.

Results: 6
Returned: 6
Coverage: drill results, resource updates, and metallurgy; primary commodity matching; all time unless dates are supplied.
Region: Brazil (brazil)
Commodity: Palladium (palladium)
Applied filters: {"regions":["brazil"],"commodities":["palladium"],"commodity_scope":"primary","document_types":["drill_results","resource_update","metallurgy"],"document_type_match":"any"}
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## Bravo Reports Results of Pre-Feasibility Study for its Luanga Project

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/bravo-reports-results-of-pre-feasibility-study-for-its-luanga-project--2d0ee17c-172a-499e-8ab2-cb8d5da48a90) · [Markdown](https://atlas-staging.minestarters.com/news/bravo-reports-results-of-pre-feasibility-study-for-its-luanga-project--2d0ee17c-172a-499e-8ab2-cb8d5da48a90.md)
- Original announcement: 2026-09-22T10:31:24.756Z
- Atlas analysis published: 2026-09-22T10:38:56.919Z
- Atlas analysis updated: 2026-09-22T10:38:56.919Z
- Company: Bravo Mining Corp. (BRVO)
- Original source: [cnw](https://www.newswire.ca/news-releases/bravo-reports-results-of-pre-feasibility-study-for-its-luanga-project-826517320.html)
- Atlas sentiment: 0.83
- Atlas tags: Mill Route, POX/BIOX Route

Bravo Mining Corp. announced robust Pre-Feasibility Study results for its Luanga Project, featuring an after-tax NPV of US$1.45 billion and an IRR of 35.1%. The study establishes a maiden Mineral Reserve of 86.7 Mt grading 2.77 g/t PdEq, and highlights improved metallurgical recoveries for key metals. The project benefits from a vertically integrated operation with a smelter in a Brazilian Export Processing Zone, offering fiscal advantages and a 10-year mine life.

## Bravo Reports Results of Pre-Feasibility Study for its Luanga Project

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/bravo-reports-results-of-pre-feasibility-study-for-its-luanga-project--970ce7ae-df00-4f16-acae-3d195900f685) · [Markdown](https://atlas-staging.minestarters.com/news/bravo-reports-results-of-pre-feasibility-study-for-its-luanga-project--970ce7ae-df00-4f16-acae-3d195900f685.md)
- Original announcement: 2026-09-22T09:30:00.000Z
- Atlas analysis published: 2026-09-22T10:55:10.315Z
- Atlas analysis updated: 2026-09-22T10:55:10.315Z
- Company: Bravo Mining Corp. (BRVO.V)
- Original source: [orestocks](https://orestocks.com/company/BRVO.V/press-releases/6694797469225246)
- Atlas sentiment: 0.473
- Atlas tags: Maiden Resource, Proven Reserve, Probable Reserve, Category Upgrade, QP/CP Signed, Cut-off Disclosed, NI 43-101 Compliant, JORC Compliant, Inferred Resource, Stale Estimate, PFS-Supporting, High Recovery, Recovery Improving, Mill Route, Multi-Domain Tested, POX/BIOX Route

Bravo Mining Corp. has announced strong Pre-Feasibility Study results for its Luanga Project in Brazil, reporting an after-tax NPV8% of US$1.45 billion and an IRR of 35.1%. The study includes a maiden Proven & Probable Mineral Reserve of 86.7 Mt grading 2.77 g/t PdEq for 7,731 kOz of contained PdEq, and improved metallurgical recoveries using Jameson Cell flotation technology. The company plans to advance permitting and a Definitive Feasibility Study, with an updated Mineral Resource expected in Q1 2027.

## Bravo Intercepts 54m at 2.8 g/t PGM+Au + 0.16% Ni, including 5m at 10.7 g/t PGM+Au + 0.40% Ni at Luanga

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/bravo-intercepts-54m-at-2-8-g-t-pgm-au-0-16-ni-including-5m-at-10-7-g-t-pgm-au-0--94993956-24de-486c-9f0f-95d014d5d895) · [Markdown](https://atlas-staging.minestarters.com/news/bravo-intercepts-54m-at-2-8-g-t-pgm-au-0-16-ni-including-5m-at-10-7-g-t-pgm-au-0--94993956-24de-486c-9f0f-95d014d5d895.md)
- Original announcement: 2026-09-14T10:30:00.000Z
- Atlas analysis published: Unknown date
- Atlas analysis updated: Unknown date
- Company: Bravo Mining Corp. (BRVO.V)
- Original source: [orestocks](https://orestocks.com/company/BRVO.V/press-releases/6028191774545552)
- Atlas sentiment: 0.701
- Atlas tags: Bonanza Intercept, Step-Out Extension, QA/QC Disclosed, Infill Drilling, Apparent Width Only, Metal Equivalent Opaque

Bravo Mining Corp. announced drill results from its Luanga deposit in Brazil, highlighting a significant intercept of 53.85m at 2.83 g/t PGM+Au and 0.16% Ni, including a high-grade sub-interval of 5.01m at 10.68 g/t PGM+Au and 0.40% Ni. This drilling, comprising both infill and extensional holes, aims to expand and upgrade the mineral resource, with the high-grade PGM+Au sub-interval setting new best grades for palladium, platinum, and rhodium.

## Bravo Mining Reports Expanded Metallurgical Results and Provides Workstream Update

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/bravo-mining-reports-expanded-metallurgical-results-and-provides-workstream-upda--8ba7aa65-7eb3-48a6-ac41-276c4ab158e3) · [Markdown](https://atlas-staging.minestarters.com/news/bravo-mining-reports-expanded-metallurgical-results-and-provides-workstream-upda--8ba7aa65-7eb3-48a6-ac41-276c4ab158e3.md)
- Original announcement: 2026-08-11T10:30:00.000Z
- Atlas analysis published: Unknown date
- Atlas analysis updated: Unknown date
- Company: Bravo Mining Corp. (BRVO)
- Original source: [yahoo_press](https://finance.yahoo.com/markets/commodities/articles/bravo-mining-reports-expanded-metallurgical-103000869.html)
- Atlas sentiment: 0.213
- Atlas tags: Mill Route

Bravo Mining has reported encouraging metallurgical test results from its Luanga PGM+Au+Ni deposit in Brazil. The testing utilized Jameson Cell technology to evaluate the polymetallic deposit.

## Bravo Reports Infill and Extensional Drill Results from Luanga

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/bravo-reports-infill-and-extensional-drill-results-from-luanga--8b007697-7764-442a-9143-4b9902a1d2db) · [Markdown](https://atlas-staging.minestarters.com/news/bravo-reports-infill-and-extensional-drill-results-from-luanga--8b007697-7764-442a-9143-4b9902a1d2db.md)
- Original announcement: 2026-05-05T10:30:00.000Z
- Atlas analysis published: Unknown date
- Atlas analysis updated: Unknown date
- Company: Bravo Mining Corp. (BRVO)
- Original source: [yahoo_press](https://finance.yahoo.com/markets/commodities/articles/bravo-reports-infill-extensional-drill-103000825.html)
- Atlas sentiment: 0
- Atlas tags: Nearology Play

Bravo Mining Corp. has announced drill assay results from eight holes at the Luanga PGM+Au+Ni deposit in Brazil. The results cover the Central Sector and the newly tested Crescent Zone.

## Bravo Reports Positive Results from Flotation Test Work

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/bravo-reports-positive-results-from-flotation-test-work--b589df3c-3e5e-484d-a879-f4fb41a479e6) · [Markdown](https://atlas-staging.minestarters.com/news/bravo-reports-positive-results-from-flotation-test-work--b589df3c-3e5e-484d-a879-f4fb41a479e6.md)
- Original announcement: 2026-01-12T11:30:00.000Z
- Atlas analysis published: Unknown date
- Atlas analysis updated: Unknown date
- Company: Bravo Mining Corp. (BRVO)
- Original source: [yahoo_press](https://finance.yahoo.com/news/bravo-reports-positive-results-flotation-113000367.html)
- Atlas sentiment: 0.195
- Atlas tags: Bench Scale Only

Bravo Mining Corp. has reported encouraging metallurgical test work results for its Luanga PGM+Au+Ni deposit in Brazil. The testing incorporated Jameson Cell technology, though specific recovery percentages and head grades were not disclosed in this release.

# Atlas tag definitions

- **Bonanza Intercept:** Exceptionally high-grade zone, well above the deposit-type norm.
- **True Width Disclosed:** Actual thickness perpendicular to structure is stated, not just downhole length.
- **Step-Out Extension:** Mineralization extended beyond the previously known limit.
- **QA/QC Disclosed:** Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
- **Compositing Transparent:** Cut-off grade and internal dilution rules are clearly stated for reported intervals.
- **Refractory Ore:** Complex mineralogy requiring oxidation or other special processing before recovery.
- **Apparent Width Only:** Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
- **Stale Data Re-release:** Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
- **No QA/QC Disclosure:** Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
- **Metal Equivalent Opaque:** Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
- **Cut-off Undisclosed:** Cut-off grade not disclosed — cannot assess comparability to prior estimates or peers.
- **Deleterious Elements Present:** Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
- **Infill Drilling:** Confirmatory drilling to raise resource confidence, not new discovery.
- **Nearology Play:** Value premise rests on proximity to a known deposit rather than own results.
- **Measured Resource:** Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
- **Indicated Resource:** Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
- **Proven Reserve:** Measured Resource with demonstrated economic viability after applying modifying factors.
- **Probable Reserve:** Indicated Resource with demonstrated economic viability after applying modifying factors.
- **Category Upgrade:** Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.
- **Tonnage Growth:** Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
- **Grade Improvement:** Average resource grade improved vs prior estimate — better deposit economics.
- **Contained Metal Growth:** True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
- **QP/CP Signed:** Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
- **Cut-off Disclosed:** Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
- **JORC Compliant:** Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
- **NI 43-101 Compliant:** Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
- **Inferred Resource:** Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
- **All Inferred:** 100% of resource is Inferred category — very early stage, no engineering confidence.
- **Grade Decline:** Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
- **Tonnage Decline:** Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
- **Category Downgrade:** Resource confidence decreased — Measured downgraded to Indicated, or Indicated to Inferred. Unusual and concerning.
- **Contained Metal Decline:** Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
- **Dilutive Growth:** Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.
- **Cut-off Lowered:** Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation.
- **Cut-off Undisclosed:** Cut-off grade not disclosed — cannot assess comparability to prior estimates or peers.
- **Historical Estimate Only:** Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.
- **Stale Estimate:** Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
- **No Contained Metal:** Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
- **No QP/CP Disclosure:** No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
- **Maiden Resource:** First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
- **Resource Update:** Revised estimate for an existing resource — compare to prior to assess progress.
- **PEA-Supporting:** Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
- **PFS-Supporting:** Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
- **DFS-Supporting:** Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
- **High Recovery:** Recovery at or above the exceptional band for the commodity and processing route.
- **Pilot Scale Complete:** Pilot or demonstration plant testing completed under continuous operation.
- **Free Milling:** Simple, clean ore amenable to standard processing without oxidation.
- **Multi-Domain Tested:** Variability across ore domains (oxide, transition, fresh) has been addressed.
- **Recovery Improving:** Recovery improved versus a like-for-like prior test program on the same domain and route.
- **Low Recovery:** Recovery below the weak band for the commodity and processing route.
- **Bench Scale Only:** Only preliminary bench tests completed — no locked-cycle or pilot work.
- **Refractory Ore:** Complex mineralogy requiring oxidation or other special processing before recovery.
- **Single Domain Only:** Testing limited to one composite or domain — representativeness not established.
- **Recovery Stagnant:** No improvement across multiple test programs on comparable material.
- **Theoretical Recovery Only:** Only theoretical or liberation-derived recovery reported, with no actual test result.
- **Heap Leach Route:** Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.
- **Mill Route:** Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
- **Gravity Route:** Gravity separation forms a material part of the flowsheet.
- **POX/BIOX Route:** Pressure or bio-oxidation for refractory ore — high CAPEX and OPEX.
- **Byproduct Commodity:** The tested commodity is a byproduct rather than the primary economic driver.
